All of the Following Statements Are True EXCEPT

Multiple Choice

All of the following statements are true EXCEPT

A) a company that has multiple lines of business must consistently apply one revenue recognition policy for all types of revenue.
B) a company that has multiple lines of business can use different methods of revenue recognition for different products.
C) a company that has multiple lines of business must tell users what policies they are using so that that they can make informed decisions.
D) A company that has multiple lines of business must choose revenue recognition policies that are appropriate for their revenue streams.